💰 Money habits are written early in life, but they can always be rewritten with discipline and vision. In this insightful episode of The Forties Formula podcast , hosts Jasmin Dhillon and Amanda Lim sit down with ALEXIS LIVANES , financial advisor and money coach with over a decade of experience helping professionals and families reshape their financial futures. With clarity and practicality, Alexis shares how to turn your 40s into the wealth-building decade through simple money habits, intentional investing, and a focused financial mindset. The conversation explores the realities of money in midlife. They discuss debt as a prison, why cash without strategy loses value, and how small daily choices grow into lasting financial freedom. Alexis also emphasizes that true prosperity is not about how much you have but about the opportunities your money creates and the peace it brings to your life. Together, they explore: • Why debt can feel like a prison and practical ways to break free • Understanding your money personality and how it influences decisions • Hidden blind spots in financial planning, from health costs to family obligations • The role of insurance and critical illness cover in securing your financial future Financial health does not come from doing everything perfectly. It comes from making small, consistent choices that build a life where money works for you. --------- CHAPTERS 00:00 – Episode Snippet 01:31 — Introducing our guest, Alexis Livanes 01:57 – Get clear on where you want to go financially 02:46 – Education is the first step 05:02 – Use the “3 Buckets of Money” strategy 06:04 – Investing requires knowing your risk tolerance 08:59 – Disciplined habits now pay your future self 11:15 – Beware emotional spending and hidden expenses 12:28 – Don’t wait for the “perfect time” to invest 16:46 – Understand your value 22:02 – Everyone has a money personality 24:30 – What contributes to children's money habits? 26:22 – Fuel Your Forties 27:18 – Risk profile matters more than FOMO trends 30:00 – Money issues are a leading cause of divorce 36:02 – Property can be good debt if goals are clear 38:21 – Be cautious with overseas investments 39:34 – Die With Nothing 42:31 – The “sandwich generation” 44:19 – Health is wealth 45:13 – Life insurance and critical illness 47:00 – Hot or Hype? 49:20 – The 40s Formula: Clarity, Consistency, Confidence. Special Thanks to Our Sponsors: 🥩 The Meat Club – A big thank you to @themeatclubsg for supporting us with "The Fuel Your Forties Segment." Enjoy $12 off with code TFF. 🌯 Guzman y Gomez – Where Clean is the New Healthy - 21 restaurants deliver islandwide! ______________ 📩 Join our mailing list for exclusive content, our weekly Friday FOURPlay newsletter, expert tips, and early access to giveaways!
